Chennai | 5 months ago
Wheels India to be controlled by TVS Group: Official
Chennai, Dec 14 - TVS Group, the Indian promoters of automotive wheel manufacturer Wheels India Ltd., is confident of continuing to manage and control the firm post an open offer by their foreign partner Titan Europe plc and Rs.100-crore premium equity issue, a company official said.Post open offer by Titan Europe and public issue, the company will be continued to be managed and controlled by the ... read more

Port Of Spain | 1 year ago
Warner accuses Caribbean officials of caving in to FIFA
Port of Spain, Dec 24 - Former FIFA vice-president Jack Warner has accused Caribbean officials of undoing more than three decades of their struggle for respect by caving in to certain demands handed down to them at their Extraordinary Congress staged in Zurich earlier this week.Warner, a former Caribbean Football Union - president, came out swinging at his former colleagues Friday in a media state ... read more

Toronto | 1 year ago
Indo-Canadian CEO to head top tech body
Toronto, Aug 11 - Indo-Canadian CEO Karna Gupta, who made headlines in 2009 in stopping hostile takeover of his encryption company by BlackBerry, has been appointed the president and CEO of the Information Technology Association of Canada -.The apex body of the Canadian information and communications technology industry, ITAC member companies generate $155 billion in revenue each year.Gupta has be ... read more

Toronto | 1 year ago
Seven new BlackBerries to be unveiled soon
Toronto, July 13 - Warding off investors' anger at their annual meeting at Waterloo near here Tuesday, BlackBerry co-CEOs announced that seven new smart phones running a new operating system will hit the market soon.Declining market share, shrinking revenue, profit warnings and delays in replacing the aging handsets have triggered investor anger at the two co-CEOs Jim Balsillie and Mike Lazaridis ... read more

Toronto | 1 year ago
Canadians evoke patriotism to stop London bourse
Toronto, June 14 - Opposition to the proposed acquisition of the Toronto Stock Exchange by the London Stock Exchange got ugly Monday as a rival Canadian group launched a hostile takeover bid for the Toronto bourse and a proxy campaign against the London bourse.The rival Maple Group comprising top Canadian banks and pension funds directly mailed its offer to Toronto Stock Exchange shareholders to a ... read more

Toronto | 1 year ago
Toronto, London stock exchanges set merger vote date
Toronto, May 26 - Even as the Toronto Stock Exchange and the London Stock Exchange Wednesday announced to hold special shareholder meetings June 30 to seek vote on their proposed merger, the rival Canadian group seeking to acquire the Toronto bourse launched a hostile takeover bid.The announcement in Toronto by the TMX Group Inc., which controls the Toronto Stock Exchange, came after the local Ont ... read more

Toronto | 1 year ago
Toronto exchange rejects rival bid, wants merger with London
Toronto, May 21 - With its merger with the London Stock Exchange still awaiting nod from the Canadian government, the Toronto Stock Exchange Friday rejected a rival bid by a Canadian group to acquire it.Maple Group comprising nine Canadian banks and pension funds had made a $3.6-billion offer earlier this week to scuttle the foreign takeover of the country's largest market.But in a statement Frida ... read more

Toronto | 2 years ago
Anti-Islamic Dutch MP seeks Muslim immigration ban
Toronto, May 9 - Europe's openly anti-Islamic parliamentarian, Dutch MP Geert Wilders, riled many Canadians Sunday when he said Canada should ban immigration from Muslim nations.Wilders, who is here to speak on what he sees as dangers posed by political Islam to the Western civilization, said Canada is in danger of 'a hostile takeover and being Islamicised'' in the foreseeable future.'What happene ... read more

New Delhi | 2 years ago
For your reading pleasure, business, photography and history
New Delhi, March 10 - Tease your brains with a serious book cart this week:1. 'From the Brink of Bankruptcy: The DCM Story'; Written by Vinay Bharat-Ram; Published by Penguin India; Priced at Rs.499.The book is a fascinating account of both an industrial family and a business enterprise which broke fresh ground and created an economic and technological success under quite difficult circumstances. ... read more

Toronto | 2 years ago
Rival betters ArcelorMittal's offer for Toronto mining company
Toronto, Jan 3 - The fight between ArcelorMittal and Nunavut Iron Ore Acquisition Inc. for control of Baffinland Iron Mines Corp is heating up as the latter has now made a higher offer of $1.45 a share for the Toronto-based company.ArcelorMittal had Friday raised its offer from $1.25 to $1.40 to beat rival Nunavat Iron Ore Acquisition Inc's $1.35.The Luxembourg-based steel giant hiked its offer af ... read more